iTrustCapital is an online trading platform that allows users to invest in digital assets. It currently offers 31 cryptocurrencies, including Bitcoin and Ethereum.
iTrustCapital also offers precious metals like gold and silver. The coins are kept securely at the Royal Canadian Mint.
iTrustCapital is a U.S.-based digital asset IRA trading platform
iTrustCapital is an IRA crypto platform that offers users the opportunity to trade and invest in crypto, gold, and silver. Its low fees and top-notch security make it a great choice for long-term investors.
Currently, the iTrustCapital platform offers a limited number of cryptocurrencies to invest in. These include Bitcoin, Ethereum, XRP, LTC, and EOS.
The platform is compatible with traditional, Roth, and SEP IRAs. It also supports in-kind transfers of supported assets from other self-directed IRAs.
In addition, iTrustCapital allows crypto staking, which is an investment that earns interest. This strategy allows you to participate in crypto appreciation while earning a percentage of the profits.
You can transfer an existing IRA, rollover your employer’s plan, or open a new account with iTrustCapital. The platform is secure and user-friendly, and it takes one to three business days to review an application.
It offers a variety of cryptocurrencies
iTrustcapital offers a variety of cryptocurrencies and precious metals to its investors. The platform features 29 digital assets, including a few of the more popular cryptocurrencies such as Bitcoin and Ethereum. In addition, physical gold and silver are also available for trading.
Unlike many other IRA platforms, iTrustCapital does not offer a traditional crypto exchange, meaning that investors must hold their digital assets in a custodial wallet. However, it’s worth noting that iTrustCapital does have a robust security protocol.
The company’s IRA platform lets you invest in cryptos through a variety of accounts, including a Roth IRA, Traditional IRA or SEP-IRA. These accounts are tax-advantaged and offer a number of benefits, including the ability to invest in cryptocurrencies, digital gold and precious metals.
It offers a tax-advantaged retirement account
A tax-advantaged retirement account is a dedicated savings vehicle designed to give you extra tax benefits in exchange for saving money. It can be a great way to increase your retirement nest egg and can have a significant impact on how much wealth you accumulate in retirement.
There are several types of tax-advantaged accounts, including IRAs, 401(k)s and a variety of qualified retirement plans. Choosing the right one for your financial situation is key to helping you grow your nest egg and maximize your tax benefits.
IRAs and 401(k)s are both tax-deferred accounts that allow you to invest your money tax-free, which is a big advantage because it lets your investment earnings grow free from federal income taxes. You can also benefit from compounding, which means your investment earnings add to your principal, allowing you to build up a larger base for your investments to grow on.
If you’re unsure whether a tax-free retirement account is right for you, it’s worth speaking to your financial advisor. They can help you develop a strategy for maxing out your retirement accounts and help you find the best tax-advantaged account for your specific goals and situation.
It offers a secure platform
iTrustCapital is a Canadian-based digital asset IRA trading platform that offers users 29 cryptocurrencies and physical gold and silver. The cryptocurrencies available include Bitcoin, Ethereum, Litecoin, Cardano, Poladot, and more.
The exchange also lets users buy physical gold and silver and keep them at the Royal Canadian Mint, a Crown corporation. This option is a nice way to invest your retirement savings in gold without the hassle of worrying about its storage or liquidity.
To ensure the safety of your assets, iTrustCapital uses Curv, an institutional cryptocurrency wallet provider and VaultChain, a secure blockchain distributed ledger to store the IRA-eligible gold and silver it trades on its platform. The storage solution is SOC 2 Type II certified and has a $320 million insurance policy backing it up.
In addition, iTrustCapital offers excellent customer service with representatives on call five days a week. They are able to answer most queries and resolve issues quickly, a great trait for a cryptocurrency exchange.